Malaysian developer <a href="https://www.apartments.com.au/developers/s-p-setia">SP Setia</a> is the latest to jump into St Leonards booming Transport Oriented Development precinct.

The developer, which has previously delivered Sapphire by the Gardens apartment development in Melbourne, identified the Atchison Street site in 2023. It filed a Scoping Report around 12 months ago, and now has revealed the designs for the new&nbsp;40-storey mixed-use tower.

The State Significant Development Application covers <a href="https://next-portal.urban.com.au/projects/14650/summary">20-22 Atchison Street</a>, a 1,374 sqm site positioned between St Leonards Station and the new Crows Nest Metro station.

Designed by <a href="https://www.apartments.com.au/architects/cox-architecture">COX Architecture</a>, the project would deliver 181 apartments, above a four-storey commercial podium, five basement levels, and new public domain works along Mitchell Street. The apartment mix comprises 35 one-bedroom apartments, 39 one-bedroom-plus-study apartments, 85 two-bedroom apartments, and 22 three-bedroom residences.

The proposal has been lodged as a shop-top housing development under the NSW Government’s TOD planning pathway, which allows increased density around key transport infrastructure. The site sits within the recently rezoned Crows Nest Accelerated TOD Precinct.

<img alt="First look: SP Setia targets St Leonards skyline with 40-storey TOD tower" data-entity-type="file" data-entity-uuid="b799673d-48e2-46b0-801a-0e33a9330100" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/atchinson%20site.png?VersionId=dPh0UfwfaHpbFL1R7H1cbZNbIW0CHbCC" />

SP Setia acquired the Atchison Street site as part of its continued expansion into the Australian apartment market. In comments made to City &amp; Country (The Edge Malaysia) in 2023, SP Setia President and CEO Datuk Choong Kai Wai described the acquisition as “a strategic move” aligned with the group’s post-pandemic market recovery strategy.

“Our target for this exceptional development is local and overseas buyers, including first-home buyers, downsizers and investors,” Choong said.

The tower has been designed as a slender vertical form rising from a mixed-use podium, with COX Architecture positioning the development as a response to the evolving St Leonards and Crows Nest skyline.

“The purpose of the project is to facilitate the delivery of high-quality housing at a strategically located site and deliver a built tower outcome that is consistent with the desired future character of St Leonards and aligns with the TOD controls,” the design report stated.

<img alt="First look: SP Setia targets St Leonards skyline with 40-storey TOD tower" data-entity-type="file" data-entity-uuid="b1a85eee-76f7-436c-a6da-73ba827b9b13" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/atchinson%20entry.png?VersionId=dA9jHGPMcm.dDbwk4QfxqWiY5bfh3UVt" />

The podium would incorporate retail uses fronting Atchison Street, commercial tenancies, landscaped communal areas, and pedestrian improvements along Mitchell Street. Vehicle access and loading would be consolidated via Atchison Lane.

Residents would have access to more than 665 sqm of communal indoor and outdoor spaces, while the development proposes 96 parking spaces across five basement levels.

The proposal also includes a commitment for 10 per cent of residential floor space to be allocated toward affordable housing through a monetary contribution.

COX said the tower form responds directly to the emerging high-density character of the precinct while seeking to maximise solar access, cross ventilation, and outlook from apartments.

<img alt="First look: SP Setia targets St Leonards skyline with 40-storey TOD tower" data-entity-type="file" data-entity-uuid="2163f85c-f63b-4be3-aafa-f8763976cec5" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Article%20Feature%20Image%20%28Grid%29_5.png?VersionId=WiAmtIKJ6.ZQ41EtYEQ1fol7AeorKBlL" />

“The building is orientated towards north,” the Apartment Design Guide compliance report noted, adding that the tower’s slim form was driven by the constrained inner-urban site dimensions.

The design also incorporates landscaped setbacks and communal open space at podium level, intended to soften the interface with surrounding streets and improve pedestrian amenity.

The project adds to a growing wave of redevelopment proposals reshaping St Leonards and Crows Nest following the opening of the Sydney Metro City line and the NSW Government’s push for higher-density housing around major transport nodes.

Last week Stockland filed plans just down the road. They want to build a <a href="https://www.apartments.com.au/new-apartments/601-pacific-highway-st-leonards-nsw-2065">52-storey tower on Pacific Highway</a>.

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/first-look-stockland-plans-52-storey-538-apartment-st-leonards-tower">First look: Stockland plans 52-storey, 538-apartment St Leonards tower&nbsp;</a>

Joel Robinson

First look: SP Setia targets St Leonards skyline with 40-storey TOD tower

<a href="https://www.apartments.com.au/developers/urban-property-group">Urban Property Group</a> has revealed plans for a new mixed-use tower at 10 Dangar Street, Wickham, advancing a proposal that would reshape the southern gateway to Newcastle’s city centre with one of the city’s tallest residential buildings.

The State Significant Development proposal, now on exhibition, seeks approval for a <a href="https://www.apartments.com.au/new-apartments/bowline-10-dangar-street-wickham-nsw-2293">43-storey tower</a> immediately adjacent to the Newcastle Interchange. The project would deliver around 200 apartments, including 42 affordable housing dwellings, alongside 99 co-living units, a 171-room hotel, retail space, and new public domain integrated through the site.

The scheme marks a significant escalation of plans previously approved for the site. Urban Property Group took over the prominent 2,904 sqm parcel, where excavation and demolition had already commenced under an earlier consent for a 14-storey mixed-use development.

<img alt="First look: Urban Property Group unveils Newcastle’s next supertower at Wickham interchange" data-entity-type="file" data-entity-uuid="58a96dd9-407f-4d20-86b4-94e4bfeef74b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/wickham%20podium.png?VersionId=LGlf08pdFGAZDzvx_CXC4XakHNZRuEE0" />

Designed by <a href="https://www.apartments.com.au/architects/sjb-architects">SJB</a>, the tower has been conceived as a landmark transit-oriented development anchored to the Newcastle Interchange precinct. The proposal includes 245 build-to-sell apartments across a mix of one, two, and three-bedroom residences, as well as two penthouses. Fifteen apartments and one operational unit are earmarked for NDIS housing. The co-living component would add a further 99 units, while the podium would accommodate retail uses and hotel facilities.

SJB said the site presents “a valuable opportunity to anchor the precinct by setting the standard for design, active ground planes and character at the key southern gateway.”

The architecture responds directly to the site’s position beside major transport infrastructure and within one of Newcastle’s fastest-evolving urban renewal precincts. The tower form sits above a sculpted podium designed to frame new public spaces, including a through-site pedestrian link connecting Station Street to Hannell Street, landscaped plazas, and activated retail edges.

<img alt="First look: Urban Property Group unveils Newcastle’s next supertower at Wickham interchange" data-entity-type="file" data-entity-uuid="a7bd6ff0-f7db-4ce8-a6dc-ea56e72c6149" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/wickham%20lanne.png?VersionId=xzf39VADyhj7zBQY2I9fx9vI62u2tuSb" />

The design report describes the project as part of the broader transition of Wickham into “a vibrant, high-quality mixed-use urban precinct” that leverages proximity to the station, open space, and regional connectivity.

A detailed public art strategy has also been prepared for the development. The strategy positions the project as “a transit-oriented development of state significance at the gateway to Newcastle’s city centre” and outlines a series of integrated artworks responding to Newcastle’s industrial and transport heritage.

Creative Road’s curatorial framework for the project, titled Unveil, draws on “stratified surfaces, carved volumes, and light-filled apertures” while referencing Newcastle’s transformation from an industrial city into a contemporary education and technology hub.

<img alt="First look: Urban Property Group unveils Newcastle’s next supertower at Wickham interchange" data-entity-type="file" data-entity-uuid="77a882bb-14b1-4d28-99ff-9438e39508c0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/wickham%20site.png?VersionId=cevgo_vN0eKPK78P8YcEu3mKPLkpFqE7" />

The proposal is being advanced through the NSW Housing Delivery Authority pathway after being declared State Significant Development in June 2025. The accompanying scoping report states the development aims to “maximise the site’s proximity to the Newcastle Interchange by delivering transit-oriented development” while increasing housing supply and affordable housing provision within the Newcastle LGA.

Urban Property Group’s plans align with the long-term strategic vision established under the Wickham Master Plan, which identified the interchange precinct as suitable for substantial uplift in height and density. The current proposal would significantly intensify that vision, positioning the tower among the tallest developments proposed for Newcastle.

The site sits immediately north of the Newcastle Interchange, bounded by Dangar Street, Hannell Street, and Charles Street. It is surrounded by a rapidly growing cluster of residential towers and mixed-use projects that have emerged following the completion of the light rail and transport interchange.

First look: Urban Property Group unveils Newcastle’s latest tower at Wickham interchange

Bottega House has completed settlement of a landmark riverfront site in Macquarie Street, St Lucia, representing its first major Brisbane development.&nbsp;

Positioned on the banks of the Brisbane River, the <a href="https://www.apartments.com.au/new-apartments/180-macquarie-street-st-lucia-qld-4067">premium site at 180 Macquarie Street</a> features uninterrupted river frontage in one of Brisbane’s most tightly held residential precincts.&nbsp;

The proposed development, currently under assessment with Brisbane City Council, has been designed by <a href="https://www.apartments.com.au/architects/plus-studio">Plus Studio</a> with interiors by <a href="https://www.apartments.com.au/interior-designers/mim-design">Mim Design</a> and will deliver a boutique collection of premium residences positioned specifically for owner occupiers and downsizers.&nbsp;

The residences are set to redefine luxury apartment living in the area, with a focus on architectural quality, refined finishes, landscape integration and elevated amenities including curated wellness facilities, resort-style pools and recreation spaces rarely seen in the local market.&nbsp;

Exclusive sales for the project will be led by Keenan &amp; Byrne, ahead of an anticipated launch later this year.&nbsp;

Bottega House Managing Director Nick Malloch said the project reflects the group’s ambition to deliver a highly curated residential offering within one of Brisbane’s most tightly held precincts.&nbsp;

“This is an incredibly rare riverfront opportunity and one we have approached with a long-term perspective,” Malloch said.&nbsp;

“Our vision from the outset was to create a boutique collection of residences that feel more like private homes than traditional apartments, with generous proportions, refined finishes and exceptional amenity throughout."

Malloch says there is a&nbsp;lack of premium owner-occupier stock of this quality in the market, particularly for downsizers wanting space, privacy and a true lifestyle offering without compromise.&nbsp;

"Demand is expected to be strong given the scarcity of premium riverfront opportunities of this nature within Brisbane’s inner-west."&nbsp;

Bottega House secures landmark riverfront site in St Lucia 

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The arrival of the first piling rig officially marks the commencement of construction at SIERA’s new beachside apartment development, Exhale, in Northcliffe.

<a href="https://www.apartments.com.au/new-apartments/exhale-surfers-paradise-8-enderley-avenue-surfers-paradise-qld-4217">Exhale</a>, a glass-encased tower featuring 54 large-scale apartments at 8 Enderley Avenue, is SIERA’s third Gold Coast development. It follows the recently completed PIPIS Bilinga beachfront project, which achieved suburb-record prices, and the soon-to-be-completed Chevron Island development, Tapestry.

[smartcode_project:default project_id=112661 project_image_fid=359603]

<a href="https://www.apartments.com.au/developers/siera">SIERA</a> Founder and Managing Director Brent Thompson said the arrival of the piling rig represented a significant milestone for the development, which is scheduled for completion in late 2028.

Over the next month, around 260 piles are expected to be installed as work progresses on the basement structure. The building is anticipated to rise above ground level early next year, before unveiling its sculptural glass curtain wall, developed in collaboration with specialist façade engineers.

“The façade was designed to maximise panoramic coastal views while creating a distinctive architectural identity,” Thompson said.

[smartcode_project:default project_id=112661 project_image_fid=355935]

Designed by BDA Architecture, Exhale will comprise just 54 two- and three-bedroom residences across 26 levels, a level of low-density living rarely delivered in this beachside pocket between Surfers Paradise and Broadbeach.

The project has been conceived as a resident-only building, with no short-stay accommodation permitted. SIERA says the model is intended to appeal to long-term owner-occupiers rather than transient holiday demand.

[smartcode_project:default project_id=112661 project_image_fid=361052]

Residences have been designed with large-format layouts and expansive glazing, with most apartments featuring more than 30 metres of glass frontage to maximise natural light and ocean views.

The amenity offering spans two levels and centres on wellness and lifestyle, including a heated magnesium pool, sauna, yoga and Pilates studio, gymnasium, private dining facilities, cinema lounge, and dedicated surfcraft storage.

[smartcode_project:default project_id=112661 project_image_fid=359607]

More than half of the apartments have already sold. SIERA has also opened a sales gallery for Exhale at its Chevron Island commercial premises, near its Tapestry tower and the site of its second Chevron Island apartment development, which is slated to launch in early 2027.
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[smartcode_project_cta:default project_id=112661]

SIERA kicks off construction at Northcliffe tower Exhale

Local Little Bay residents, along with buyers from premium postcodes across Sydney’s affluent Eastern Suburbs, have dominated purchases in developer-builder Urban Property Group’s first Eastern Suburbs apartment development, <a href="https://www.apartments.com.au/new-apartments/este-little-bay-jennifer-street-little-bay-nsw-2036">ESTE Little Bay</a>.

The $250 million coastal project, one of the first new developments in the area in several years, has proven particularly popular with downsizers, especially those from Coogee and Bondi. One Double Bay downsizer paid $4.7 million for a four-bedroom penthouse, setting a new local apartment price record in the process.

Buyers have been attracted to the combination of coastal tranquillity, premium design and amenity-rich neighbourhood living. The walkable village setting, along with proximity to three of Sydney’s leading golf courses, New South Wales Golf Club, St Michael’s Golf Club and The Coast Golf Club, has also been a key drawcard.

[smartcode_project:default project_id=112343 project_image_fid=352689]

Built across two low-rise buildings designed by <a href="https://www.apartments.com.au/architects/hill-thalis-architecture-urban-projects-pty-ltd">Hill Thalis</a> and set along a lush, landscaped green spine, designed by leading landscape architect <a href="https://www.apartments.com.au/landscape-architect/arcadia-landscape-architecture">Arcadia</a>, ESTE Little Bay offers a collection of one, two, three and four-bedroom residences with interiors by Richards Stanisich.

<a href="https://www.apartments.com.au/developers/urban-property-group">Urban Property Group</a> Sales Director, Tom McIvor said the response to ESTE has been "nothing short of extraordinary."

“Buyers have been quick to recognise ESTE as a rare opportunity to invest in a coastal sanctuary that offers both seclusion and connectivity to the heart of Sydney,” McIvor said.

[smartcode_project:default project_id=112343 project_image_fid=352687]

<a href="https://www.apartments.com.au/project-marketer/srm-residential">SRM Residential</a> Senior Director, <a href="https://www.apartments.com.au/project-marketer/srm-residential">Clayton Ross</a> said the local market has responded incredibly well, driven by ESTE’s exceptional location and the rarity it offers.

“We’ve seen strong interest from a variety of buyer groups, all of whom are drawn to the exclusivity and quality of the build and construction by the 4.5-star iCIRT-rated builder / developer, Urban Property Group. There’s truly nothing else like it along Sydney’s coastline.”

[smartcode_project:default project_id=112343 project_image_fid=352690]

The project also includes robust buyer protections, including Resilience Insurance’s Latent Defects Insurance, providing 10 years of structural cover, and an independent iCIRT-rating of the developer.

“The iCIRT-rating adds another layer of confidence,” Ross added. “Buyers see it as a safeguard for their investment and their lifestyle.” A highlight of ESTE’s offering is its exclusive wellness amenities, including a heated rooftop infinity pool and outdoor heated spa, a state-of-the-art Technogym fitness centre, and a sauna.

<a href="https://www.apartments.com.au/new-apartments/este-little-bay-jennifer-street-little-bay-nsw-2036">ESTE Little Bay</a> is topped out and is on track to complete towards the end of 2026, with residents moving in before Christmas.

[smartcode_project_cta:default project_id=112343]

Eastern Suburbs buyers snap up ESTE Little Bay apartments

Sydney Apartments

Construction on Lindfield’s latest destination by developers Third.i, in conjunction with joint venture partner Phoenix Property Investors, has officially kick-started works this week, following a full project sell-out as demand for larger living spaces continues to grow.&nbsp;

Demolition crews have moved in on the $180 million Balfour Place site, set to bring 59 apartments to Sydney’s Upper North Shore, which will be grounded by an urban oasis comprising over 7,091 sqm of retail and hospitality spaces.&nbsp;

[smartcode_project:default project_id=112016 project_image_fid=207651]

The project has been met with a swarm of eager buyers looking to secure their slice of Lindfield, acquiring over $100 million in sales since its launch to market earlier this year. The project, which is set to be built on the existing Coles supermarket site, is estimated to fast-track the development timeline, with construction expected to be completed by November 2024.&nbsp;

Australian builder Conquest has been appointed as the project builders, set to bring Balfour Place to life, adding to an impressive project portfolio of over 2,000 properties, including the Crowne Plaza Sydney Burwood, The Greens Strathfield, La Luna Burwood and Soho Burwood.

Third.i. Co-Founder, Luke Berry said Balfour Place has struck a chord with the Lindfield community and surrounding areas, with the project accommodating the growing need for spacious living.&nbsp;

“Our project provides larger living spaces in an idyllic location with lifestyle amenities at your doorstep,” Berry said.

“We’re proud to announce a project sell-out and that we’ve fast-tracked construction to help meet market demands. Conquest, who are well renowned for delivering buildings of exceptional quality, have been bought on board to deliver Balfour Place.”

[smartcode_project:default project_id=112016 project_image_fid=194987]

“It truly will be a legacy destination for the area and we couldn’t be more thrilled to commence construction,” concluded Berry.&nbsp;

The latest offering will comprise a collection of one, two, three and four-bedroom apartments with private courtyards and a shared rooftop garden space to be built on top of a brand new large format Coles supermarket.

The Coles grocery hub will be double the size of the existing store and will include a Liqourland and heritage commercial space fronting the Pacific Highway, overlooking the Blue Mountains. Over 237 car parking spaces will also be available spanning across two levels.

[smartcode_project_cta:default project_id=112016]

Australian builder Conquest has been appointed as the project builders, set to bring Balfour Place to life, adding to an impressive project portfolio of over 2,000 properties, including the Crowne Plaza Sydney Burwood, The Greens Strathfield, La Luna Burwood and Soho Burwood.

alisonwarters@gmail.com

$180 million Lindfield residences, Balfour Place commences construction amid project sell-out

It’s often one standout feature among developments which drives sales and interest.&nbsp;

But Sydney property developers, Conquest have matched an unrivalled location with a curated interior design reminiscent of luxury resorts around the world for their latest residential project.&nbsp;

Situated in the heart of a cultural goldmine, La Luna Residences benefit from the vibrant dynamic of the Burwood area, while also delivering the utmost classiest interiors, more often reserved for inner-city developments.&nbsp;

[smartcode_project:default project_id=6552 project_image_fid=202023]

Luis La Pegna led the design team for La Luna, incorporating sophisticated and elegant selections of materials throughout.&nbsp;

Utilising an intelligent design, each of the residences is crafted for each discerning buyer, with functionality at the forefront of the design.&nbsp;

“We design our apartments as if we were living in them ourselves - l’art de vivre,” said La Pegna.

“We’ve selected the fixtures, fittings and finishes we aspire for in our home. The floorplans are designed with easy living in mind, and a layout is created that is functional and elegant, and even more, appealing to the contemporary buyer.”

[smartcode_project:default project_id=6552 project_image_fid=202019]

Following an open plan design, the kitchens feature a selection of timber-finish tile, complemented with fine cabinetry in a choice of whitewashed oak or black woodgrain. The space also includes the dining and living zones which flow seamlessly onto the main balcony, providing views to the city skyline and CBD.&nbsp;

“The sites and locations are optimal. The floor plans are thoughtfully planned to maximise light, views, and functionality,” said La Pegna.&nbsp;

“The Conquest™ attention to detail is apparent; from the distinctive facades, colours and glass, to the custom fixtures, hardware, stone, metals and interior design work, to the welcoming lobbies. These are properties that will be appreciated by generations to come.”&nbsp;

The bathrooms are not only functional, but a statement and a feature, reflecting the quality and attention to detail that defines La Luna Residences. Residents will be swept up in the luxury of fine material finishes, carefully considered right down to the strands of gold pattern in the Calacatta stone tiles, which are complemented with brushed brass fixtures and fittings.

[smartcode_project:default project_id=6552 project_image_fid=202003]

Each residence also benefits from an internal laundry, concealed and inbuilt to maximise space, while also providing a practicality, along with linen storage and study space.&nbsp;

The master bedrooms are generously sized, with mirrored wardrobes which reflect the outlooks from the adjoining master balcony into the space, while the ensuite flows seamlessly from the bedroom, connected by a private hall.&nbsp;

[smartcode_project_cta:default project_id=6552]

Inside Burwood's hidden gem: The La Luna Residences 

Local developers CDMA Australia have recently received approval for their masterplanned project at 34-42 Tallawong Road, located directly opposite the Tallawong Metro Station and future Town Centre.

Bordering on the brink of Rouse Hill, 911 apartments will be delivered across nine towers, with a new public plaza and a green spine also penned for the site.&nbsp;

CDMA are no strangers to the area having developed the in demand Rosella Place just up the road at 56 Cudgegong Road. Only a limited number of residences remain in the five-building development, with CDMA’s CEO, Richard Wu, saying that since the group entered the Australian market back in 2017, their pipeline has continued to grow with three significant projects underway or in planning.&nbsp;

<a data-entity-type="file" data-entity-uuid="1b4db450-98cc-4145-ae28-5b8c897731ff" href="/buildings/rosella-place-stage-1-56-cudgegong-road-rouse-hill"><img alt="Render of the green spine courtyard that runs through the middle of the development " data-entity-type="file" data-entity-uuid="1b4db450-98cc-4145-ae28-5b8c897731ff" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Courtyard.jpg?VersionId=SyTrnIWtGxyrUH5FvA04mNspCbgpjrFp" /></a>Render of the green spine courtyard that runs through the middle of the development&nbsp;

“Our first project, Rosella Place has completed its first stage and is now sold out and settled while the second stage is under construction and the final stage will kick-off early in the new year,” Wu said. &nbsp;

“Our second project consisting of 911 apartments is located at 34-42 Tallawong Road and our third project consists of a large-scale master-planned community in Leppington Town Centre which we will work on in coming years.”

The Tallawong project is set to bring major new amenity to the burgeoning area, with a new 2200 sqm public piazza planned, along with a green spine which will offer residents a sprawling village green lawn and communal facilities right through the middle of the development, surrounded by an extensive running track.&nbsp;

The public piazza will comprise two main zones; an open paved piazza fronting the street and internal green lawns. The plaza will offer a vibrant public domain for local residents and the surrounding community, with retail spaces and a public open area, along with a children’s playground area.

<a data-entity-type="file" data-entity-uuid="bade2fcd-6868-40b0-a76e-33bc059b344c" href="/buildings/rosella-place-stage-1-56-cudgegong-road-rouse-hill"><img alt="Render of the Tallawong project from the north-east corner" data-entity-type="file" data-entity-uuid="bade2fcd-6868-40b0-a76e-33bc059b344c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/North%20East%20Corner.jpeg?VersionId=r2_BjVuDMeY8elSTgNFllz3Ji6odfl9_" /></a>Render of the Tallawong project from the north-east corner

CDMA’s new development seeks to create an attractive landscape setting that reflects the surrounding natural bushland character of the Rouse Hill area, while providing a diverse range of outdoor passive and active communal spaces for the residential population.

The development will be conveniently located directly opposite the Tallawong Metro Station and new Town Centre which will house two major supermarkets including a Woolworths as well as other specialty retailers.

CDMA Australia Development Manager, Alex Guan said that the engagement of their Planner, Urbis together with Architect, Kann Finch Redstone and multi-disciplinary consultants were key in getting the DA approved. &nbsp;

“With the project fast tracked in the vicinity from six to 9 months, CDMA is grateful to work closely with such a professional and efficient team to achieve the desired result,” Guan said.&nbsp;

[smartcode_project_cta:default project_id=93223]

The Tallawong project is set to bring major new amenity to the burgeoning area, with a new 2200 sqm public piazza planned, a sprawling village green lawn and an extensive running track. 

CDMA Australia green lit for major 911-appartment Tallawong development

Creating a sustainable and nature-centred community was the focus for Mulpha when developing Norwest Quarter.&nbsp;

The first stage of the masterplan is being delivered in collaboration, with landscaping firm Aspect Studios, urban designers Terroir and environmental sustainability firm Finding Infinity, on board for the project north-west of the CBD.

Located within 400 metres of the Norwest Metro Station, two residential apartment buildings will first be constructed, along with more than 3,500 sqm of specially curated retail and commercial space that aims to house a full-floor commercial gym, fresh food grocer, medical services, and restaurants.

[smartcode_project:default project_id=103264 project_image_fid=195992]&nbsp;

The slender residential towers with their small building footprints will allow for 70 percent of the site to be used for landscaping and amenity, setting a new benchmark in integrated urban design and community making.&nbsp;

Gently sloping landscaped grounds with scattered shade trees will lead up the stairs at the entry of Norwest Quarter to an open-air plaza with retail and outdoor dining, a nature based, informal play area, an amphitheatre for community events, and other landscaped areas.

“Our holistic approach to hassle-free, sustainable change extends to everything on site. We make it easy to access all the services you, your neighbours, visiting friends and family, and the local community might need,” said Mulpha.

Designed around mother nature, Norwest Quarter is home to an abundance of green open spaces, with outdoor seating, allowing residents to make the most of the connected outdoors.&nbsp;

Gracing the Podium’s lower ground level is the soaring Market Hall.

[smartcode_project:default project_id=103264 project_image_fid=195994]

The retail area plans to house a curated mix of eateries, fine dining, services, and shops, with the thread of sustainability weaving its way through every aspect of the site.&nbsp;

Norwest Quarter hopes to attract retailers that champion a sustainable supply chain and advocate local produce, plastic-free retailing, zero waste and ethically sourced goods.

“By thinking through each element — such as reusable or BYO containers for bulk foods or take away, we can help protect the planet we love.”

The precinct will also feature communal gardens, home to organic vegetables gardens and worm farms, along with beehives producing Norwest Quarter honey.&nbsp;Bush care, beekeeping and gardening groups will also be setup within the community, which will be welcome for any interested resident to join.&nbsp;

With so much going on, Mulpha has designed a way for residents to stay connected to what’s going on with the Norwest Quarter community app.&nbsp;Residents will be able to download events to their personal calendar, make bookings, get alerts for local happenings, and even log native bird and animal sightings.

[smartcode_project:default project_id=103264 project_image_fid=196012]

When complete, the Norwest Quarter masterplan will transform over 3.8 hectares of greenfield land into a vibrant village centre for over 2,000 residents.

Nine residential towers will be constructed within the community, with 864 apartments set to be delivered, along with 6,000 sqm of space provided for cafes, restaurants, neighbourhood shops and childcare facilities.

[smartcode_project_cta:default project_id=103264]

The slender residential towers with their small building footprints will allow for 70 percent of the site to be used for landscaping and amenity, setting a new benchmark in integrated urban design and community making. 

A look around the nature-centred community at Norwest Quarter 

As owner-occupiers continue their descent on the latest Lower North Shore project, astute investors have also cast their eye to the Hyecorp development.&nbsp;&nbsp;

A member of The Club by Hyecorp recently made her third Hyecorp apartment purchase, taking up apartment 502 in Audrey.&nbsp;

Any buyer that purchases directly through Hyecorp automatically becomes a member of The Club by Hyecorp, enjoying a lifetime of exclusive benefits.

[smartcode_project:default project_id=110379 project_image_fid=207374]

The St Leonard’s project is located amongst some of Sydney’s best medical facilities, and with the recent buyer working in the medical industry, Audrey presented as the perfect opportunity to invest in.&nbsp;

“I'm in the medical industry and so St Leonards to me is a really good choice in terms of being close to Royal Shore Hospital. I know the type of tenets that will be there for an investment property which this is and I also know the huge investment that's going into St Leonards as a suburb, similar to Lane Cove, will add massive value to the Audrey complex,” the buyer said.&nbsp;

She didn’t have to look far when searching for a property, having already purchased two apartments in Hyecorp’s previous developments.&nbsp;

As part of Hyecorp’s exclusive club benefits, repeat buyers are offered a two per cent discount, along with being rewarded for referring friends and family to Hyecorp, invitations to special events and VIP pre-launch events for new projects, personalised customer service, construction updates, freebies and special offers from Hyecorp’s partners.

[smartcode_project:default project_id=110379 project_image_fid=206935]

“This is my third Hyecorp apartment and I found that within each, the styling, the detailing, and the builds have improved and are representative of the times,” she said.

As end-to-end developers, Hyecorp handle all aspects across each of their projects, including the architecture, construction and design.&nbsp;

​​“This holistic approach gives us visibility of the entire process and accountability for the high standard of quality we expect of ourselves and our collaborators. The result is one of excellence ensuring a building perfectly suited to the postcode it calls home,” Hyecorp say.&nbsp;

“I've always found Hyecorp amazing to deal with, deliver on time, deliver quality. I'm very happy with each of the apartments,” the buyer said.

Inspired by the lush, green landscape of Newlands Park, the Audrey apartments have been designed by award-winning architects SJB, with each including high end finishes and large outdoor areas, inspired by the timeless classicism of New York.

[smartcode_project:default project_id=110379 project_image_fid=207373]

Audrey’s interiors reflect the design philosophy of the architecture, combining understated elegance with a strong modernist aesthetic.&nbsp;

A neutral palette combines with stone as well as oak timber flooring, complemented by expansive proportions which are enhanced by full height panoramic windows, framing vistas of the surrounding greenery whilst drawing in abundant natural light.

The recent buyer was drawn to the considered design featured throughout Audrey, noting the sage-coloured kitchens as a personal favourite.&nbsp;

“It might not be everyone's cup of tea, but it ticks the box for me,” the buyer said.&nbsp;

“The bathrooms are absolutely beautiful - even the new lighting options are great - and I've also got the benefit of seeing past options, but just as I’ve said, Hyecorp has progressed with the times and are always on trend."

[smartcode_project_cta:default project_id=110379]

What's driving buyers to Hyecorp's St Leonards Audrey apartments

The state’s second CBD is now home to the first robotic car park system in the southern hemisphere.&nbsp;

Taking Aoyuan International's luxury Parramatta high-rise The Lennox to another level,&nbsp; Lödige Industries have delivered a fully autonomous car park utilising their Cubile technology.&nbsp;&nbsp;

With a total of 46 floors and 6,300 sqm of space, The Lennox is home to 414 apartments, curated from a collaboration between Aoyuan, building contractors EQ Construction, and leading architects, Marchese Partners.&nbsp;

President of Aoyuan International and Head of Development Australia, Adrian Liaw said Sydney is one of the world’s most desirable place to live, with the group notching up a rather impressive portfolio here, including One30 Hyde Park, Esplanade Norwest, Woolooware Bay and now The Lennox Parramatta.&nbsp;

[smartcode_project:default project_id=5743 project_image_fid=82402]

“World leading architecture, innovative design and superior finishes are important in all our projects,” Liaw said.

“For The Lennox we wanted both a modern functionality and timeless aesthetic combined with our customary meticulous quality and craftsmanship. The automated parking technology from Lödige Industries offers both the innovative functionality and luxurious user experience we were keen to create and the performance we needed to see.”

Lödige started work on the site back in 2020, the completion of the carpark comes at a welcomed time as the gentrification and development of Parramatta only continues.&nbsp;

During planning and construction, the global specialist was able to draw on the experience of numerous projects worldwide, including Europe’s largest automated parking system with close to one thousand spaces.

The building's nine-level basement combines three levels of conventional parking with six additional levels for the automated parking system, with capacity for 327 vehicles. Thanks to efficient use of space, the automated parking levels required less than 15 metres of excavation, which, given the sedimentary rock in the area, allowed for significant cost savings in the excavation and reduced building impact.&nbsp;

EQ Constructions Bill Farrell said building anywhere in the Sydney market comes with its own challenges in terms of rock excavation and space limitations.&nbsp;

[smartcode_project:default project_id=5743 project_image_fid=82401]

“For ‘The Lennox’ we wanted to offer residents the very best in terms of comfort and space as well as luxury living experience in the heart of Parramatta. To do that we needed an experienced partner that could deliver the ultimate user experience we wanted, with the space-saving solution that we needed,” Farrell said.&nbsp;

“In Lödige Industries we found that partner. Their experience with close to 2 million vehicles parked in Europe’s largest automated parking system made us want to bring this technology to Sydney as well.”

In addition to the reduced footprint below the surface, the facility relieves pressure on the urban living space of its popular neighbouring shopping and restaurant district by ensuring residents can make use of a sufficient number of parking spaces inside the building at all times.

Completed in November 2021, the 149-metre building is one of Australia's most modern Skyscrapers, with residents now set to use a modern and intuitive smartphone app developed by Lödige Industries to retrieve their cars.&nbsp;

With a payload of up to 2.5 tonnes per vehicle, the system can handle all common cars and SUVs, with users only needing to drop off their vehicle at one of a total of five transfer cabins.

[smartcode_project:default project_id=5743 project_image_fid=82407]

From this point everything is automatic. The transfer cabin’s gate closes, and the car is transported to the parking level, where it is moved by flat robots, the 'Lödige Shifter' onto a horizontal transfer vehicle and delivered to a free parking space. Up to 60 percent more cars can be placed in the same space in comparison to conventional parking structures, with approximately 90 vehicles parked or retrieved per hour.&nbsp;

[smartcode_project_cta:default project_id=5743]

With a total of 46 floors and 6,300 sqm of space, The Lennox is home to 414 apartments, curated from a collaboration between Aoyuan, building contractors EQ Construction, and leading architects, Marchese Partners. 



First robotic car park in the Southern Hemisphere completed in Parramatta high-rise, The Lennox 

The ASX-listed group Mirvac together with Easts Group will fill the gap in the downsizer market, with the topping out recently of their near $164 million over–55’s development.&nbsp;

The Langlee will be lifestyle focussed and amenity-rich, with the lucrative benefit of welcoming its first residents in 2023.&nbsp;

The project marks a return to the eastern suburbs for Mirvac, following the successful completion of The Moreton in Bondi in 2017, at a time where up to one in 10 baby boomers are opting to downsize, freeing up the family home to allow the next generation of families to move in.&nbsp;

The ‘right-sizer’ movement, enhanced further by the Federal Government’s Downsizer Scheme, promotes housing efficiency in a supply-constrained market.&nbsp;

<img alt="Render of the Mirvac over-55's development, The Langlee" data-entity-type="file" data-entity-uuid="35d4909b-dbd6-4395-b5c3-7a4a4f158d6f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/MIR2300_Waverley_S030_EXT_HeroWesternFacades_Final2000%20%282%29.jpg?VersionId=fmH_ZFjFYC4Okz45gQQCfSvL7bxQ0iaU" />Render of the Mirvac over-55's development, The Langlee

Mirvac’s Head of Residential, Stuart Penklisa said the partnership with Easts Group will deliver an amenity-rich lifestyle for the right-sizer, offering the best of both convenience and comfort.&nbsp;

“On top of that, we wanted to create a new benchmark of exceptional quality that would live up to Mirvac’s reputation of quality and discerning attention to every detail,” Penklis said.&nbsp;

“We know that Australia’s ageing population is on the rise. In fact, those aged 65 and above will double to one in every four people by 2042, and along with it the trend to downsize will gain further momentum. But The Langlee offers prospective purchasers an attractive downsizing option with a difference.”

“The idea of an over 55`s residence has significant value to the wider community and allows for the natural transition of the housing continuum by allowing downsizers to reside and enjoy a maintenance free environment with state-of-the-art facilities, and in turn on-sell their larger family home to the next generation of families, prompting much needed housing to the market,” he added.&nbsp;

Designed by Altis Architecture, in conjunction with Mirvac’s design team, the rare one-hectare site will feature 55 premium residences, in addition to a suite of lifestyle-focussed amenities, including a 20-metre indoor lap pool, treatment and steam rooms, a mezzanine level gym and space for pilates, yoga and stretching classes.&nbsp;

<img alt="Render of the pool area within The Langlee" data-entity-type="file" data-entity-uuid="523f4712-a114-4021-b944-3e81156feed2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/MIR2300_Waverley_S050_INT_WellnessCentre_Final2000.jpg?VersionId=yjFc9pwlX8zWrAhX_Jt__Hq3MbzJoKeK" />Render of the pool area within The Langlee

An indoor/outdoor casual and contemporary café, restaurant and bar will also be situated on the ground floor, fronted by two bowling greens.&nbsp;

An added feature will be a personalised well-being concierge service delivered by Zinnia Living to benefit residents whilst moving in, making it easier to transition seamlessly into a lifestyle of relaxed luxury.&nbsp;

Penklis said that The Langlee meets the increasing needs of a growing consumer group in an area of limited supply and addresses the unmistakable trend towards living environments which include a high level of amenity that deliver health and social benefits.

Along with lifestyle features and amenities, Mirvac has worked to lighten The Langlee’s environmental footprint through sustainable building practices and cost saving benefits for residents. The Langlee maximises available roof space to house solar panels, with a 92-kW system to be installed which will significantly offset the running costs of the common area facilities, reducing ongoing energy costs to our residents.

Electric Vehicle (EV) charging to each and every residential car space has also been provisioned, along with water and energy efficient appliances, and with more and more people choosing electric vehicles and a more sustainable way of life, the building is future proofed for this important transition.

<img alt="Render inside one of The Langlee residences" data-entity-type="file" data-entity-uuid="2ce5b246-8f36-4775-b992-747f3aee77f0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/MIR2300_Waverley_S060_INT_KitchenLight_Final2000%20%281%29.jpg?VersionId=MFa2w0vnJi2ZJi0HOgJSH0PzCp83L68g" />Render inside one of The Langlee residences

“Not only are purchasers focusing on lifestyle features, but they are increasingly making decisions based on environmental factors to ensure we leave the planet a better place than we received it. At The Langlee, and across our business, we are committed to continually doing our part,” said Penklis.&nbsp;

Easts Group CEO Joe Kelly said that meeting the wider needs of the community, particularly in the Eastern Suburbs where the population aged 55-79 has grown by 8.3 percent (or &gt;4,250 people) since the last Census in 2016, was a fitting repurpose for the former Club.

“The Langlee and our new hospitality venue known as Waverley Greens, presents a unique opportunity to create an exceptional new community precinct,” said Kelly.&nbsp;

“Through our partnership with Mirvac, the Club is looking forward to providing the Eastern Suburbs with a first-class sporting, social and community asset, that along with the residential offering, will set a new benchmark in leisure, comfort and amenity in a landmark location close to Sydney’s most renowned beaches. There is no one better placed to deliver on that than Mirvac, a reputable company known for quality, and with 50 years of proven delivery success.”

The Langlee is consistent with Mirvac’s strategy to extend their pipeline with projects that Penklis says delivers the right product in the right location, at the right price, and with the right partners.&nbsp;

“Mirvac’s fully integrated model means we are designing and constructing the development which enables the confidence in dealing with one party. We are also highly selective in the partners we choose to work with. As a result, we are one of the few development companies in Australia with the capacity to see new projects get off the ground and completed in a timely manner, knowing that our reputation for quality will stand up well in any market,” Penklis concluded.

<img alt="Render of the bowling greens that will front The Langlee" data-entity-type="file" data-entity-uuid="3e3a0663-cd03-4d9f-bde2-4c9cc83766e0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/MIR2300_Waverley_S180_EXT_GroundLevel_Final%202000%20%281%29.jpg?VersionId=XHhIamRMXKfHCaR5V4MQPB9OGyKcEY0b" />Render of the bowling greens that will front The Langlee

Designed by Altis Architecture, in conjunction with Mirvac’s design team, the rare one-hectare site will feature 55 premium residences, in addition to a suite of lifestyle-focussed amenities, including a 20-metre indoor lap pool, treatment and steam rooms, a mezzanine level gym and space for pilates, yoga and stretching classes. 



Mirvac meets growing baby boomer downsizer demand in Sydney’s East 

As development ramps up across Western Sydney, especially in the state’s second CBD, Sydney group, SW Developments are next to join the line in keen developers looking to benefit from the growing pipeline of infrastructure upgrades and projects set for the burgeoning area.&nbsp;

The group has lodged plans for two sites within the City of Parramatta, taking up shop in both Thallon Street and Shirley Street in Carlingford.&nbsp;

Dickson Rothschild prepared the designs for the 12-storey towers, which are similar in design and will deliver a total of 178 apartments upon completion.&nbsp;

Located near the new Carlingford Light Rail Station, the 9-11 Thallon Street site has been designed to cater for the family owner-occupier, contributing to the changing demographics of Carlingford with the addition of a restaurant and retail space across the ground floor.&nbsp;

<img alt="Artist's impression of the Thallon St development " data-entity-type="file" data-entity-uuid="313d283b-41a4-472f-96d4-66f0e81188cc" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-11-02%20at%203.02.27%20pm.png?VersionId=vLq05ycaOMtp0ALv2VAtsOcB9fU.Finl" /> 
Artist's impression of the Thallon St development.

43 two-bedroom apartments will be constructed, along with 37 three-bedroom and 11 four-bedroom residences.&nbsp;

Divided via two slots, the tower will be infiltrated with an abundance of natural light and ventilation in the internal corridors, with the elements also modulating the tower’s facade.

The proposed development achieves a built form with good proportions and a balanced composition.&nbsp;

The four-storey podium achieves a human scale within the streetscape with defined bricks in a nod to the existing older building within the streetscape, complemented with an underlying base colour and a lighter frame which reflects the more modern developments in the neighbourhood.&nbsp;

Taking inspiration from the podium, the tower framing elements extend above the roof parapet, crowning the corners of each tower.&nbsp;

The north-eastern portion of the site is landscaped with both communal areas and private terraces, providing additional vegetation on the built form, which softens the tower and provides a complimentary space to the public open area towards the light rail station.&nbsp;

<img alt="Artist's impression of the Shirley St development" data-entity-type="file" data-entity-uuid="9c2b1153-0ce7-451b-977c-5d163ecb3780" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-11-02%20at%203.03.15%20pm.png?VersionId=LNM2Urs1tKn6zRjBiOrSlfhxaptNOAtx" />Artist's impression of the Shirley St development.

The communal open space for the development is located on level one, featuring a pool, barbecue facilities, a gym, spa and a common room. Communal open space will also be provided on the rooftop, embellished in lush landscaping.&nbsp;

Thallon Street benefits from being nearby to a number of goods, services, amenities and public transport options, with a broad concentration of retail and dining businesses, as well as community facilities including parks, recreation centres and schools in the surrounding areas.&nbsp;

The Shirley Street development will take place across a 3,141 sqm site, delivering 87 apartments, with a mix of one, two, three and four-bedroom floorplans atop a 76-place childcare centre and basement carparking.&nbsp;

It said the new proposal would result in better communal open space, a unit mix weighted more on larger apartments.&nbsp;

Conceived as a slender tower, two one-bedroom apartments will feature, along with 41 two-bedroom, 43 three-bedroom and one four-bedroom.&nbsp;

Open space will be provided to the south of the site, along with a communal rooftop space, complete with lush landscaping, shaded seating and barbecue facilities.&nbsp;

<img alt="Artist's impression of the Shirley St development" data-entity-type="file" data-entity-uuid="6e6c27e6-9bb2-4e9d-ab0d-da1b975531c4" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-11-02%20at%203.03.27%20pm.png?VersionId=fOx_tPswgdq4h3gRhJGvzUfoZdDydkRS" />Artist's impression of the Shirley St development.

“The proposed building as amended provides for a high-quality development … on a strategic site in very close proximity of the new light rail station and within proximity of significant buildings within the core of the Carlingford Precinct,” the development application said.&nbsp;

“This building will set a good standard for urban consolidation and design.”

“The proposal achieves a reasonable transition from the denser development around the light rail to the lower density areas within the precinct to the north.”

“The form of the building has been crafted to take into consideration site constraints and has arisen out of urban design analysis taking into account the site context.”

Located near the new Carlingford Light Rail Station, the 9-11 Thallon Street site has been designed to cater for the family owner-occupier, contributing to the changing demographics of Carlingford with the addition of a restaurant and retail space across the ground floor. 

SW Developments lodge plans for two apartment towers in Sydney’s West 

AURA by Aqualand is an iconic new address and symbol of North Sydney’s sophisticated future. AURA sets a new precedent for luxury harbourside living.

The group released the second stage of apartments in May, offering a mix of one, two, three and four-bedroom residences by award winning architects, Woods Baggot and Richard Stanisich.

[smartcode_project:default project_id=30959 project_image_fid=181046]

The $1 billion luxury mixed-use residential development&nbsp;is home to a sprawling range of residential amenity along with a multi-level hospitality precinct.

The high-end dining and entertaining is only moments from the apartments, with&nbsp;<a aria-label="Aqualand - opens in new tab" data-uw-rm-brl="false" data-uw-rm-ext-link="" href="/developers/aqualand-australia" target="_blank" uw-rm-external-link-id="https://www.urban.com.au/developers/aqualand-australia$aqualand">Aqualand</a>’s hospitality arm, Etymon Projects, curating and managing the precinct.

Part of the Aqualand group of companies, Etymon is a startup in the hospitality space fronted by CEO, Lisa Hobb, with the group pioneering a new level in premium hospitality, luxury concierge services, wellness facilities and retail concepts.

Etymon Projects will introduce a service and lifestyle offering that is central to the heart of AURA, setting a benchmark for future developments in Sydney. &nbsp;

[smartcode_project:default project_id=30959 project_image_fid=181067]

Across the multi-level hospitality precinct, Etymon Projects has collaborated with designers to craft an artfully curated selection of venues conceived with the view to enhance and enrich the lives of the residents living above.

“This new culinary scene will transform this new neighbourhood destination into a beacon for visitors and residents of the broader metropolitan area, a place to gather and enjoy the finer delights,” said Hobb.

“The businesses and retailers that are destined to be part of the AURA story are carefully curated and conceived to complement a dynamic and vibrant lifestyle.”

Collectively designed to be a beacon for visitors and a playground for residents, the mix of venues at AURA include a providore, a bakery, café, wine bar, an all-day diner, as well as a contemporary Japanese eatery.

[smartcode_project:default project_id=30959 project_image_fid=181047]

“We see North Sydney as becoming a great food destination. We’re excited to be an important part of this dining evolution,” Hobb added.

The standard of service that Etymon Projects prides itself on goes beyond just the thriving culinary precinct but is woven into the fabric of everyday life at AURA.

Etymon Concierge is accessible by all residents and exists to enrich the lives of those lucky enough to call this beautiful destination their home.

Whether that means catering to the practicalities of modern life by looking after deliveries, managing visitors or helping with information about the area, a personalised, polished service is central to the beauty, convenience and vibrancy of life at AURA.

[smartcode_project_cta: project_id=30959]

The $1 billion luxury mixed-use residential development is home to a sprawling range of residential amenity along with a multi-level hospitality precinct.

What is Etymon Projects & what are they offering at AURA by Aqualand?

Sydney-based investment house Princeton has recently acquired one of the last remaining warehouse conversion sites in the Balmain Village Precinct, worth a combined value of $40 million.&nbsp;

The 960 sqm inner-west site at 73-75 Beattie Street will house just five three-bedroom terraces along with a one-of-a-kind New York loft-style four-bedroom penthouse, with views to the Sydney Harbour Bridge and city skyline.&nbsp;

Construction will kick off in the first quarter of next year as the new residences position themselves as welcome addition to the affluent suburb.&nbsp;

While Sydney property prices show signs of dropping, the latest CoreLogic figures show Balmain has experienced a steady increase over the last five years, with a growth rate of nearly 20 per cent over the last twelve months and a current median sales price of $2.7 million.&nbsp;

<img alt="Render of the proposed Beattie St development " data-entity-type="file" data-entity-uuid="fc40fe3e-2d77-4c14-9f93-f6e929967793" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/CGI%20-%20Llewelyn%20Street.png?VersionId=GHbYC3UB_mUR.3yDK47G0Led5Gaz8Ymx" /> 
Render of the proposed Beattie St. development.

Princeton founders, George Gadallah and Craig Anderson said the new addition provided the perfect step for their quick growing investment portfolio in Sydney’s inner-west.

“The acquisition of the Balmain site is an exciting leap forwards for Princeton in the highly competitive inner-west market,” said Gadallah.

“Balmain is one of Sydney’s most in demand suburbs and continues to outperform the wider market due to government infrastructure announcements such as WestConnex and Sydney Metro West, as well as its proximity to amenities in the CBD, strong demographic and lack of land supply.”

“This development will offer home buyers dynamic, terrace-style living with unparalleled views of Sydney’s world-famous harbour, with each terrace providing a separate home office or rumpus room above basement car parking.”

“It’s going to be exciting to see this project come to life over the coming months/years and cement itself as a crown jewel of the inner west,” Gadallah added.&nbsp;

The Balmain project will join an already strong portfolio from Princeton, including the underway Botany project, Baronet &amp; Banks, Serrata in Blakehurst, and luxury living development in Bondi Beach with Eurangi.

The 960 sqm inner-west site at 73-75 Beattie Street will house just five three-bedroom terraces along with a one-of-a-kind New York loft-style four-bedroom penthouse, with views to the Sydney Harbour Bridge and city skyline. 

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